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                    [Title] => Bright spot
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Land values in the Makati central business district and Fort Bonifacio are expected to escalate by eight and 9.7 percent  respectively this year, while Ortigas will experience a 5.7-percent annual growth, according to a leading property consultancy firm.

                    [DatePublished] => 2014-03-05 00:00:00
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                    [ArticleID] => 1289638
                    [Title] => AEV officially exits shipping business
                    [Summary] => 
Cebu-based conglomerate Aboitiz Equity Ventures Inc. (AEV) has officially exited the shipping business, completing its pullout in the sector that began in 2010.

                    [DatePublished] => 2014-02-13 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1539221
                    [AuthorName] => Neil Jerome Morales
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                    [ArticleID] => 643053
                    [Title] => AEV seals P400-million purchase of ATS logistics businesses
                    [Summary] => 
Aboitiz Equity Ventures Inc. (AEV) sealed yesterday the purchase of the logistics businesses of Aboitiz Transport System Corp. (ATS) for nearly P400 million.
                    [DatePublished] => 2010-12-29 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Aboitizes sell shipping unit to rival Nenaco
                    [Summary] => 
After more than 100 years, the Cebu-based Aboitiz  clan is exiting the shipping business with the sale of its entire stake  in Aboitiz Transport System Corp. (ATS) to rival Negros Navigation Co.  (Nenaco) for $81.1 million, a deal that will create the country’s  biggest shipping company.
                    [DatePublished] => 2010-12-02 00:00:00
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                    [Title] => SuperFerry cuts fares to VisMin to boost local tourism
                    [Summary] => Leading shipping company  SuperFerry, owned by the Aboitiz family, further slashed its rates to select destinations in  Visayas  and  Mindanao as part of efforts to help promote tourism in the country. Andrew Deyto, SuperFerry assistant vice president for sales and marketing, said the SuperFerry Sail Sale promo offers one rate starting at P799 going to Visayas, and one rate of P1,499 to Mindanao. These rates, he said, are inclusive of value-added tax and surcharge.


                    [DatePublished] => 2006-07-17 00:00:00
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                    [Title] => Aboitiz Transport loses P92.7M in first 9 months
                    [Summary] => Hobbled by higher operating expenses and depreciation charges, inter-island shipping company Aboitiz Transport System Corp. (ATSC) incurred a net loss of P92.7 million in the first nine months of the year, a reversal from the P294.8-million profit in the same period a year ago.


In a disclosure to the Philippine Stock Exchange, ATSC said revenues reached P6.3 billion while costs and expenses amounted to P6.1 billion, up seven percent from the previous level, mainly due to the 19-percent rise in depreciation of ships.


                    [DatePublished] => 2005-11-03 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => SEC okays hike in Aboitiz Transport capital to P4B
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the capital increase of inter-island shipping firm Aboitiz Transport Systems Corp. (ATSC) to P4.07 billion, from P2.45 billion.


Also approved by the SEC is the reclassification of ATSC’s 475,600 unissued redeemable preferred shares to common shares.


The Aboitiz Group consolidated all its transport and logistics businesses under ATSC as part of efforts to enhance operational and funding efficiencies.


                    [DatePublished] => 2005-10-15 00:00:00
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                    [Title] => Aboitiz Group consolidates transport, logistics businesses
                    [Summary] => The Aboitiz Group is consolidating all its transport and logistics businesses under inter-island shipping firm Aboitiz Transport System Corp. (ATSC) as part of efforts to enhance operational and funding efficiencies.


In a letter to the Philippine Stock Exchange (PSE), ATSC said its board approved in principle the acquisition of 100 percent of Aboitiz One Inc., 62.5 percent of Aboitiz Jebsen Bulk Transport Corp., 62.5 percent of Aboitiz Jebsen Manpower Solutions Inc., 62.5 percent of Jebsen Maritime Inc., and 50 percent of Jebsen Management Ltd. 


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ABOITIZ JEBSEN MANPOWER SOLUTIONS INC

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                    [Title] => Bright spot
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Land values in the Makati central business district and Fort Bonifacio are expected to escalate by eight and 9.7 percent  respectively this year, while Ortigas will experience a 5.7-percent annual growth, according to a leading property consultancy firm.

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                    [Title] => AEV officially exits shipping business
                    [Summary] => 
Cebu-based conglomerate Aboitiz Equity Ventures Inc. (AEV) has officially exited the shipping business, completing its pullout in the sector that began in 2010.

                    [DatePublished] => 2014-02-13 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1539221
                    [AuthorName] => Neil Jerome Morales
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                    [Title] => AEV seals P400-million purchase of ATS logistics businesses
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Aboitiz Equity Ventures Inc. (AEV) sealed yesterday the purchase of the logistics businesses of Aboitiz Transport System Corp. (ATS) for nearly P400 million.
                    [DatePublished] => 2010-12-29 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Aboitizes sell shipping unit to rival Nenaco
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After more than 100 years, the Cebu-based Aboitiz  clan is exiting the shipping business with the sale of its entire stake  in Aboitiz Transport System Corp. (ATS) to rival Negros Navigation Co.  (Nenaco) for $81.1 million, a deal that will create the country’s  biggest shipping company.
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                    [Title] => SuperFerry cuts fares to VisMin to boost local tourism
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                    [Title] => Aboitiz Transport loses P92.7M in first 9 months
                    [Summary] => Hobbled by higher operating expenses and depreciation charges, inter-island shipping company Aboitiz Transport System Corp. (ATSC) incurred a net loss of P92.7 million in the first nine months of the year, a reversal from the P294.8-million profit in the same period a year ago.


In a disclosure to the Philippine Stock Exchange, ATSC said revenues reached P6.3 billion while costs and expenses amounted to P6.1 billion, up seven percent from the previous level, mainly due to the 19-percent rise in depreciation of ships.


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                    [ColumnID] => 133272
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                    [Title] => SEC okays hike in Aboitiz Transport capital to P4B
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the capital increase of inter-island shipping firm Aboitiz Transport Systems Corp. (ATSC) to P4.07 billion, from P2.45 billion.


Also approved by the SEC is the reclassification of ATSC’s 475,600 unissued redeemable preferred shares to common shares.


The Aboitiz Group consolidated all its transport and logistics businesses under ATSC as part of efforts to enhance operational and funding efficiencies.


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                    [ColumnID] => 133272
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                    [Title] => Aboitiz Group consolidates transport, logistics businesses
                    [Summary] => The Aboitiz Group is consolidating all its transport and logistics businesses under inter-island shipping firm Aboitiz Transport System Corp. (ATSC) as part of efforts to enhance operational and funding efficiencies.


In a letter to the Philippine Stock Exchange (PSE), ATSC said its board approved in principle the acquisition of 100 percent of Aboitiz One Inc., 62.5 percent of Aboitiz Jebsen Bulk Transport Corp., 62.5 percent of Aboitiz Jebsen Manpower Solutions Inc., 62.5 percent of Jebsen Maritime Inc., and 50 percent of Jebsen Management Ltd. 


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                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Bright spot

March 5, 2014 - 12:00am

Land values in the Makati central business district and Fort Bonifacio are expected to escalate by eight and 9.7 percent  respectively this year, while Ortigas will experience a 5.7-percent annual growth, according...

Business

AEV officially exits shipping business

By Neil Jerome Morales | February 13, 2014 - 12:00am

Cebu-based conglomerate Aboitiz Equity Ventures Inc. (AEV) has officially exited the shipping business, completing its pullout in the sector that began in 2010.

Business

AEV seals P400-million purchase of ATS logistics businesses

By Zinnia B. Dela Peña | December 29, 2010 - 12:00am

Aboitiz Equity Ventures Inc. (AEV) sealed yesterday the purchase of the logistics businesses of Aboitiz Transport System Corp. (ATS) for nearly P400 million.

Business

Aboitizes sell shipping unit to rival Nenaco

By Zinnia B. Dela Peña | December 2, 2010 - 12:00am

After more than 100 years, the Cebu-based Aboitiz clan is exiting the shipping business with the sale of its entire stake in Aboitiz Transport System Corp. (ATS) to rival Negros Navigation Co. (Nenaco) for $81.1...

Business

SuperFerry cuts fares to VisMin to boost local tourism

By Zinnia B. Dela Peña | July 17, 2006 - 12:00am

Leading shipping company SuperFerry, owned by the Aboitiz family, further slashed its rates to select destinations in Visayas and Mindanao as part of efforts to help promote tourism in the country. Andrew Deyto,...

Business

Aboitiz Transport loses P92.7M in first 9 months

By Zinnia B. Dela Peña | November 3, 2005 - 12:00am

Hobbled by higher operating expenses and depreciation charges, inter-island shipping company Aboitiz Transport System Corp. (ATSC) incurred a net loss of P92.7 million in the first nine months of the year, a reversal...

Business

SEC okays hike in Aboitiz Transport capital to P4B

October 15, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has approved the capital increase of inter-island shipping firm Aboitiz Transport Systems Corp. (ATSC) to P4.07 billion, from P2.45 billion. Also approved by the SEC...

Business

Aboitiz Group consolidates transport, logistics businesses

By Zinnia B. Dela Peña | May 12, 2005 - 12:00am

The Aboitiz Group is consolidating all its transport and logistics businesses under inter-island shipping firm Aboitiz Transport System Corp. (ATSC) as part of efforts to enhance operational and funding efficiencies. In...

Business